Botanix
Visit websiteTry Testnet
  • Welcome!
  • Get to know the Technology
    • Introduction to Botanix Labs
    • Risk warning
    • Terminology
    • Basic knowledge
      • Proof-of-Stake
      • Ethereum Virtual Machine (EVM)
      • UTXO vs Account Based Model
    • Introductory concepts
      • The Botanix EVM
      • The Spiderchain
      • Orchestrator node
      • Deposit & Withdraw
      • Transaction fees
    • Advanced concepts
      • Bitcoin security inheritance
      • Bridging
      • Consensus
      • Finality
        • Finality in a Proof-of-Work (PoW)
        • Finality in a Proof-of-Stake (PoS)
        • Finality on Botanix EVM
      • Forward security
        • Forward security in cryptography
        • The Spiderchain's Forward Security
        • Inventory management
      • FROST
      • Reth
      • Orchestrators
      • Staking
    • Roadmap to Spiderchain
      • Single Node (Testnet)
      • Botanix Federation
        • Consensus - CometBFT
          • Byzantine Fault Tolerance (BFT)
        • Node types
        • Multisig details - FROST
        • Peg-in / Peg-out
      • Botanix Federation with Staking
      • Slashing
      • Spiderchain DynaFed
      • Permissionless staking
      • Fully Decentralized Layer 2
    • Deeper dive: Whitepaper
  • How to use the Botanix EVM
    • Getting started with the Botanix EVM (testnet)
    • Risk warning
    • Step 1 - Set up your wallet
    • Step 2 - Get test funds
    • Step 3 - Send a transaction
    • Step 4 - Use dApps
    • Step 5 - Deploy your first contract / Launch your own token
    • Step 6 - Withdraw
    • FAQ - Testnet V1
  • Build dApps
    • Introduction
    • Risk warning
    • Tools
      • Useful links
      • Development Frameworks
      • Web3 libraries and tools
      • Oracle Tools
      • Block explorer
        • Routescan
      • Indexers
        • The Graph
        • SubQuery
      • WalletConnect
      • Account Abstraction with BTC Connect
      • Muticall3
    • Build on the Botanix EVM
      • Basic Botanix EVM Information
      • Gas fees
      • Develop a new dApp
      • Migrate existing dApps
      • Quickstart - Build a dApp with Botanix (Solidity, Hardhat)
  • Run a node
    • Introduction
    • Run an RPC Node
  • Glossary
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  2. Tools

Oracle Tools

PreviousWeb3 libraries and toolsNextBlock explorer

Last updated 7 months ago

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What are Blockchain Oracles?

Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world. Oracles give the Web 3.0 ecosystem a method to connect to existing legacy systems, data sources and advanced calculations.

Want to learn more? Check out the .

Supra

is a novel, high-throughput Oracle & IntraLayer: A vertically integrated toolkit of cross-chain solutions (data oracles, asset bridges, automation network, and more) that interlink all blockchains, public (L1s and L2s) or private (enterprises). Supra provides decentralized oracle price feeds that can be used for on-chain and off-chain use-cases such as spot and perpetual DEXes, lending protocols, and payments protocols.

Supra’s oracle chain and consensus algorithm makes it the fastest-to-finality oracle provider, with layer-1 security guarantees. The pull oracle has a sub-second response time. Aside from speed and security, Supra’s rotating node architecture gathers data from 40+ data sources and applies a robust calculation methodology to get the most accurate value. The node provenance on the data dashboard also provides a fully transparent historical audit trail. Supra’s Distributed Oracle Agreement (DORA) paper was accepted into ICDCS 2023, the oldest distributed systems conference. Check out their developer docs .

Botanix

Pull Contract: 0x6bf7b21145Cbd7BB0b9916E6eB24EDA8A675D7C0

Storage Contract: 0x6Cd59830AAD978446e6cc7f6cc173aF7656Fb917

explanation by Cointelegraph
Supra
here